Nev. Admin. Code § 361.813 - Calculations: General requirements

1. Except as otherwise provided in NAC 361.785 to 361.821, inclusive, each calculation required pursuant to those provisions must be:

(a) Calculated separately for each parcel or other taxable unit of property; and

(b) Recalculated for each fiscal year.

2. For the purposes of NAC 361.785 to 361.821, inclusive, the entity-adjusted parcel tax rate applicable to a parcel or other taxable unit of property must be calculated in the same manner as if the property was not located in a redevelopment area or tax increment area.

Notes

Nev. Admin. Code § 361.813

Added to NAC by Com. on Local Gov't Finance by R022-08, 4-17-2008, eff. 7-1-2008

NRS 361.4733